Auftrag beendet
Spezifikation
Trend Scalping Expert advisor
Indicators being used:
.) TMA custom indicator that displays an X as entry
.) Moving Averages
.) Stochastic oscillator
.) Momentum indicator
Options to include:
.) Time filter based on hours ( ex. trade start 04.30 trade end 22.30 based on server time ) [ Still needs to be able to modify running trades during those hours ]
.) Lotsize
.) Hard stop loss calculated in points
.) Hard take profit calculated in points
.) Hard Break even calculated in points
All are usually not used since the trades are closed on the opposite signal. ( just for incase )
.) Break even function once the frst trade ( out of two ) is closed through an opposite signal the second trade needs to be placed on break even
.) Option to either use both or just one type of trend calculation ( 1 - with MA, 2 - with Momentum )
.) Option to change the paramaters ( numbers ) of the mt4 native indicators being used
Entry Strategy with examples.:
.) Trendline-moving average and the price are below the baseline moving average = downtrend. Once we have a trend calculated the ea will only take TMA cross signal entries in that direction. Once the signal appears and the candle closes with it, two separate positions are entered. However if the signal appears again another two positions are being entered and this happens until the opposite signal has been given. So once the opposite signal has appeared in this case a buy signal. One position of each entry batch is being closed, the remaining position will be placed on break even. The secon positions are closed once the %K line of the stochastic oscillator leaves the 20 level in this example. ( 80 for buy )
.) The Momentum strategy is the same as the moving average. However for a trend to be calculated this way the momentum lines needs to be either above or below the 100 level. ( momentum line is above the 100 level its an uptrend )
Notes:
.) Moving average and Momentum are calculated with close
.) Stochastic with EMA and on High/low
.) I need the source file for this EA
.) If needed I will add more screenshots